Top10 News

1、Voyager Completes Successful Auction and Announces Agreement for FTX to Acquire Its Assets link
Voyager ultimately selected FTX US as the highest and best bid for its assets, with a specific bid of $1,422 billion, including the fair market value of all Voyager cryptocurrencies at some future date, estimated at $1.311 billion at current market prices, plus additional consideration estimated to provide approximately $111 million in incremental value.

2、The draft Cosmos Hub 2.0 whitepaper has been officially unveiled at the Governance Forum link
The Cosmos Hub 2.0 draft whitepaper has been officially unveiled at the Governance Forum and will be put up for community vote on 3 October. The main contents of this release include expanding Atom application scenarios, replanning Atom circulation and fee allocation, and introducing two economic engines. Researcher @fint1121 argues that the new draft whitepaper reduces Atom emissions, increases empowerment and overall ecological security, while the new economic engine represents the Cosmos as a cash-flow and investment-oriented business with built-in governance tools that design guidelines for corporate communication from the technical bottom. And let that L1 go from To C To B.

3、Paradigm ranks # 1 on the Web3 VC list created by Globalcoinresearch link
Globalcoinresearch created a Web3 VC database and rankings, The top 10 VCS are Paradigm, A16Z, Pantera, Coinbase, Polychain, Dragonfly, Sequoia, Variant, Electric, and Multicoin. Criteria include portfolio, competitive advantage, platform strategy, community reputation, etc.

4、Chainlink announces its Chainlink Economics 2.0 link
Chainlink announced Chainlink Economics 2.0, which includes improving data security and usability, lowering the operating costs of its Oracle services, increasing the fees Chainlink pays its service providers, and involve a wider range of service providers (such as the pledgees) in the Chainlink ecosystem.

5、Circle introduces bridging protocol focused on USDC payments link
Circle announced the upcoming launch of a cross-chain transfer protocol to support USDC interoperability. The crypto payments company and USDC issuer also said that it intends to make USDC available on five additional blockchain ecosystems.

6、Monthly trading volumes in the NFT market have fallen from a peak of $17.1bn to about $466m link

According to @Hildobby's Dune dashboard, transactions in the NFT market fell 97% from over $17.1 billion in January 2022 to around $466 million in September. The number of transactions fell 68 percent from nearly 5 million in April to about 1.6 million in September.

7、Institutional interest in grayscale trusts is drying up and GBTC negative premium rates are at record lows link

According to Cointelegraph, institutional interest in the Grayscale Bitcoin Trust (GBTC) is drying up. The $12.55 billion closed-end trust is trading at a 35.26% negative premium, a record low, according to Coinglass data. For most of its existence, GBTC traded at a premium to spot bitcoin prices. But after Canada's first North American Bitcoin exchange-traded fund debuted in February 2021, it began trading at a discount. The Grayscale Bitcoin Trust currently holds 3.12% of the total supply of BTC (over 640,000 Bitcoins).

8、Apple Will Allow Apps Selling NFTs on Its App Store link
According to NFTevening, Apple now allows apps that sell NFTS to be installed through its App Store, but Apple takes a hefty 30% cut of each transaction. When Magic Eden learned of the policy, it removed the service from the App Store. After Apple offered a lower 15% commission, Magic Eden still refused.

9、Interpol Issues Red Notice for Terra’s Do Kwon, Korea Says link
Kwon’s Terraform Labs ecosystem suffered a $60 billion wipeout. Prosecutors in his native South Korea sought his detention.

10、Crypto Darling Helium Promised A ‘People’s Network.’ Instead, Its Executives Got Rich. link
Helium was touted as the best real-world use case of Web3 technology. But as it struggles to generate revenue, a Forbes investigation found that executives and their friends quietly hoarded the majority of wealth at the project's inception.

Fundraising

• Morgan Creek Digital leads blockchain onboarding platform Aikon’s $10 million raise link

• Tyler Hobbs’ QQL NFT Project Raises Nearly $17M in Successful Mint link

• Crypto hardware wallet maker OneKey raises $20 million in Series A funding link

• Binance Labs Leads $8.5 Million Seed Funding for Bitquery to Support Development of Blockchain Data Solutions link

• Blockchain Infrastructure Project Eclipse Raises $15m To Build ‘Universal Layer-2’ link

• Bitcoin rapid payment service Strike raises $80M, takes aim at Visa link

• Crypto Tycoon’s Bitdeer Debuts Fund Targeting Distressed Miners link

• Binance Labs Backs Mysten Labs in Series B Funding to Drive the Development of Layer-1 Infrastructure link

• Deribit raises funds from existing investors at $400 million valuation link

Learn more, check out crypto-fundraising.info.

Insights

• Blockchain and Interoperability: Globalization 3.0 link

• Crypto Gaming and NFTs: A Nuanced Perspective link

• Polkadot Roadmap Roundup link

• Mapping the Landscape of Web3 Venture Capital (Part 1/2) link

• Play-to-Own: A Web3 Gaming Thesis link

• DeFi Thesis: Lend/Borrow Sector link

• The Appchain Universe: The Risks and Opportunities link

• Regulate web3 apps, not protocols link

• The Next Paradigm for NFT Lending and Borrowing Protocols link

• Is Nexo Nexto link

Follow us

Twitter: https://twitter.com/WuBlockchain

Telegram: https://t.me/wublockchainenglish